The Ultimate Salesman

The Industry Standard put together about a decade worth of Steve Jobs video clips. I wish I was 1% of the salesman that Steve Jobs is!!!

Ad Rates to Fall?

In 2006 Jakob Nielson wrote "Over the last several years, Yahoo! has made between 0.2 and 0.4 cents per non-search pageview. However, I believe that Internet advertising is over-hyped and that advertisers are deluding themselves into overpaying. In the long term, non-search advertising's value will drop to 0.1 cents or less per page."

Society as a Ponzi Scheme?

Tim O'Reilly offers this great quote "just maybe, we are getting the first signs that our society as a whole (and not just our financial system) is a kind of gigantic Ponzi scheme that will one day run out of room for growth, with disastrous consequences."

The dollar may lose as much as 40 percent of its value to 50 yen or 60 yen from the current spot rate of 90.40 today in Tokyo unless Japan takes “drastic measures” to help bail out the U.S. economy, Mikuni said. Treasury yields, which are near record lows, may fall further without debt relief, making it difficult for the U.S. to borrow elsewhere, Mikuni said.

“It’s difficult for the U.S. to borrow its way out of this problem,” Mikuni, 69, said in an interview with Bloomberg Television broadcast today. “Japan can help by extending debt cancellations.”

The US stock market went up 3% today, but I think anything based in US Dollars is a bit scary after reading the above quote. What exactly is backing the dollar if those holding federal debt consider writing it down? How many more companies and industries can the US government bail out?

Comments

Thanks for that first link in particular, Aaron - what a fun read. Though it does make me realize more clearly why I don't like a lot of social media - too many people trying to chime in, while most should be at home shutting up.

And though I had a longstanding respect-crush on Sugarrae before, now I am in love. Her stuff was classic...almost makes me want to flame her! Almost. But I value my teeth, and don't want them kicked in.

I think content ad rates will fall. In some verticals (auto & mortgage, for example) search rates have already fallen off as well...though search declines should be more limited and isolated than the carnage which will be seen on content websites.

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